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Reckitt posts record sales growth as disinfectant demand surges

Group ramps up production of cleaning and sanitising goods amid coronavirus crisis




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The pandemic is yet to dampen demand for luxury goods resales

If anything, it’s only made the most coveted more sought after, as online sellers adapt to cater for their clientele.




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Cement price rise points to surge in China construction

Experts fear country is embarking on more white elephant projects




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Predatory investors exploit leaseholders’ cladding dilemma

Properties changing hands for tens of thousands less than market value




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UK housebuilders close sites despite lockdown exemption

Taylor Wimpey and Barratt halt work in effort to stem spread of coronavirus




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Coronavirus pandemic deals heavy blow to UK construction activity

Work in the sector slows at fastest rate since financial crisis




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Coronavirus and the threat to US supremacy

Two questions serve as a reality check on excessive American declinism




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The pandemic could bring a global ceasefire

Several long-running conflicts are edging towards a temporary halt to hostilities




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UniCredit overhaul faces years-long delay as pandemic takes toll

Jean Pierre Mustier’s nascent turnround derailed as bank slips to first-quarter loss




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Air France-KLM prepares for years of shrunken demand

Airline forecasts capacity will be almost wiped out in the second quarter




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Wirecard under investigation over statements to investors

German regulator looks at group’s statements ahead of KPMG special audit report




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Empty US hotels increase pressure on debt investors

JPMorgan data show about one in four loans was behind on payments last month




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Pandemic crisis offers glimpse into oil industry’s future

Price wars and coronavirus have disrupted the sector, possibly moving peak demand even closer 




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Thermal coal prices collapse after virus lockdowns sap demand

IEA expects global consumption will decline 8% this year in largest drop since second world war




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Mexico’s Pemex: from cash cow to resource drain

President’s pet project holds line on output growth despite oil crisis and mammoth losses




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Biggest US oil refiner posts $9.2bn loss as fuel demand dives

Marathon cuts capital spending by $1.4bn in anticipation of 30% drop in output




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Cannabis remains an investment market worth watching

Promises of huge growth are yet to materialise — but there’s huge potential




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New Sipp dealing account has no annual management fee

New Sipp dealing account has no annual management fee




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Deal of the week: Premium share dealing from The Share Centre




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Final salary schemes seek breathing space

Companies running defined benefit pension schemes ask regulator to extend payment holidays




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Renters and self-employed hit hard by Covid-19 lockdown

A third of self-employed reported working reduced hours during the first two weeks of lockdown




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Learning about money and rich people’s problems

Covert and overt ways to interest children in learning about money




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Pandemic is also a test of our maths skills

As numbers and statistics come to the fore, can we boost national numeracy?




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HMRC launches coronavirus income support scheme for self-employed

Cash from successful claims could reach bank accounts by end of the month




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Decarbonisation to drive ‘dramatic’ rise in cement prices, says Redburn

Production costs to rise by 61% when industry invests in carbon capture




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Avast’s rotten week is a lesson in crisis management

Shares in security software maker dropped sharply after revelations of data harvesting




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Companies’ silence on virus is storing up problems

Listed businesses have been conspicuously slow in estimating disruption to operations




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Mexico’s Pemex in deep water as debt outlook worsens

State-owned oil group faces risk of further rating downgrades and grapples with output woes




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Embraer says Boeing used false claims to ditch $4bn tie-up 

Brazilian jet maker to seek damages from US group, which counters it is within its rights to terminate deal




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LatAm companies spot opportunity for redemption in pandemic 

Pledges to donate Covid-19 test kits pour in from groups including Vale and Petrobras




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NS&I slashes Premium Bonds prizes

Bond market movements blamed for removal of nearly 175,000 cash prizes from monthly draw




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Pandemic policies: Rishi Sunak’s first  Budget and a cut in the base rate

Surprise measures on pensions and investing for children lay in the chancellor’s red box




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Premium Bonds rate reprieve for savers

NS&I scraps planned cuts to prize fund rate 




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Coronavirus: Small business loan scheme capped for US banks — as it happened

In today’s news: UK warns it would be ‘irresponsible’ to discuss easing lockdown. Spain sets out plan to lift its own tough measures. Donald Trump signals a halt to his daily media briefings as US death toll accelerates.

Read more




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Chemicals group Clariant suspends Saudi joint venture plans

Swiss company announces ‘challenging’ results a day after its chief executive quit




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Erik Fyrwald: Changing the image of the agrochemicals industry

Concerns over climate change led the chemicals veteran to dramatically transform Syngenta




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Huntsman sells chemicals units to Indorama for $2bn




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China close to abandoning ChemChina and Sinochem merger

Deal to create one of world’s biggest chemicals groups beset by management clashes




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The end of China’s chemical romance

Welcome to Due Diligence, the FT’s daily deals briefing




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Ineos: why Jim Ratcliffe is mixing petrochemicals and sports

Amid charges of greenwashing from activists, the private company is investing in football, cycling and other ventures




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TechCrunch’s top 16 picks from Techstars April virtual demo days

Like other accelerators, Techstars, a network of more than 40 corporate and geographically targeted startup bootcamps, has had to bring its marquee demo day events online. Over the last two weeks of April, industry-focused accelerators working with startups building businesses around mobility technologies (broadly) and the future of the home joined programs in Abu Dhabi, […]




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Estonian fintech askRobin scores $1.7M to bring ‘fair credit’ to emerging markets

AskRobin, an Estonia-founded fintech that operates a financial services marketplace for “underbanked” customers in Latin America, has picked up $1.7 million in funding. The seed round is backed by VC funds Change Ventures, Vereeni Early Stage Fund, BENE Asia Capital, and Lemonade Stand. In addition, a number of tech entrepreneurs from Estonia participated, such as […]




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World Bank’s pandemic bond failure; ESG shakes virtual AGM agendas; BlackRock’s green Fed fight

Your guide to the investment and business revolution you can’t afford to ignore




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How much should it cost to contain a pandemic?

Assigning an economic value to life is taboo — but we must confront the trade-offs




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How the pandemic trapped domestic violence victims in hell

Under lockdown, vulnerable families are imprisoned in a cage of terror, stress and abuse




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Public trust in CEOs ‘evaporates’; building back better with UK social housing; EM green bonds take off

Your guide to the investment and business revolution you can’t afford to ignore




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Facebook stock spikes despite ‘significant reduction’ in demand for ads

The coronavirus pandemic is significantly slowing the growth of Facebook’s ads business, but investors seem pleased with the company’s performance in Q1 after Facebook released its earnings report Wednesday. The company beat Wall Street expectations on revenues, sharing that they had made $17.74 billion while falling short on earnings per share at $1.71. The company […]




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Lessons for pro-Europeans in the failed Remain cause

The anti-Brexit movement wasted energy on negative campaigning and parliamentary wrecking tactics




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Ingram Pinn’s illustration of the week: Emergency emissions

COP25 attempts to confront climate change




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Pinn’s illustration of the week: Supply and demand

Tech companies caught in coronavirus disruption